Who’s setting expectations on Wall Street?

Marketplace : Who’s setting expectations on Wall Street? Image
Marketplace : Who’s setting expectations on Wall Street? Image

Who’s setting expectations on Wall Street?

WBEZ brings you fact-based news and information. Sign up for our newsletters to stay up to date on the stories that matter.

Every earnings season, when companies announce how well a quarter went for them, you’ll see a pretty common headline: whether or not a given company beat or missed Wall Street’s expectations. But what exactly are “expectations,” and who makes them? Plus: The NCAA opens up to athletes making money, and the decline of coal.